Digital assets manager CoinShares reports that Cardano (ADA), Solana (SOL) and XRP products are bucking the trend of an otherwise pessimistic institutional investment climate.
In its latest Digital Asset Fund Flows Weekly Report, CoinShares says investors are currently less optimistic as reflected in outflows over eight of the last nine weeks totaling over $450 million.
CoinShares finds that digital assets saw outflows of $54 million last week, marking the fifth week of outflows in a row.
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“Digital asset investment products saw outflows totaling US$54m last week, marking the 5th consecutive week. There have been outflows for 8 out of the last 9 weeks that aggregate to US$455m, with year-to-date net inflows falling to just US$51m.”
Source: CoinShares
According to CoinShares, much of the outflow activity can regionally
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